GCC increases second-quarter sales and profit amid rising costs in 2022

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Mexico: GCC increased its sales revenue by 11% year-on-year to US$320m in the second quarter of 2022. Its US cement sales volumes rose by 6%, with a 10% rise in prices, while its Mexico cement volumes fell by 2.3%, with a 12% rise in prices. The group’s cost of sales was US$220m, 69% of total sales, compared to 67% in the second quarter of 2021.

Last modified on 03 August 2022

URL: https://www.globalcement.com/news/item/14441-gcc-increases-second-quarter-sales-and-profit-amid-rising-costs-in-2022

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